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News

Non-brokered Private Placement

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ELN News May 26, 2006

Vancouver,
BC -- May 26, 2006.El Nino Ventures Inc. (the "Company") (TSX.V: ELN; OTCBB:
ELNOF; FRANKFURT: E7Q)
wishes to announce a non-brokered private placement of up to
8,750,000 units at a purchase price of $0.80 per unit for gross
proceeds of up to $7,000,000.Each unit will consist of one common share in the capital of the
Company and one-half of one non-transferable share purchase warrant.Each whole warrant will entitle the holder thereof to purchase
one additional common share of the Company for a period of one year from
the closing date at a price of $1.00 per share.

The
Company has yet to determine whether a portion of the units to be issued
will have flow-through privileges attached to them.A finder's fee
of up to 7% may be paid in cash and/or warrants.

The
proceeds will be used for the first phase of the option / joint venture
with Falconbridge Limited to explore the Bathurst Zinc / Base Metals
Mining Camp in New Brunswick, as well as working capital and new
acquisitions.

The
foregoing is subject to regulatory approval.

About
El Nino Ventures Inc.

El
Nino is an exploration stage company currently developing an aggressive
global acquisition strategy.Our business model is to revisit former mining regions, apply new
technologies to advanced stage exploration targets, and aggressively
acquire new projects.Our
present focus is on Canada, Alaska, and Eastern / Central Europe.In Canada, El Nino has an
Option / Joint Venture with Falconbridge Ltd. to explore the world class
Bathurst Zinc / Base Metals Mining Camp in New Brunswick.The Company is also exploring for uranium in the Bancroft uranium
camp in Ontario.El Nino is
currently negotiating on new projects in Alaska, and Eastern/Central
Europe.

On
behalf of the board of directors

"Harry
Barr"

Harry
Barr, Chairman

The
TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release

CUSIP#
28335E-10-6

This
news release contains certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended. All statements, other than statements
of historical fact, included herein are forward-looking statements that
involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from the Company's expectations are disclosed in the
Company's documents filed from time to time with the British Columbia
Securities Commission and the United States Securities & Exchange
Commission. This email should not be construed as an offer to buy or
sell securities of this company.